Mathematics, 04.10.2021 17:30 jolleyrancher78
3. Rhonda deposits $5,600 in a savings account that pays 1/% interest, compounded semi-annually. Round to the nearest cent.
A. How much interest does the account earn in the first 6 months?
B. What is the ending balance after 6 months?
C. How much interest does the account earn in the second 6 months?
D. What is the balance after 1 year?
E. How much interest does the account earn the first year?
ANSWER ALL PARTS PLS TO BE MARKED !!!
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3. Rhonda deposits $5,600 in a savings account that pays 1/% interest, compounded semi-annually. Rou...
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